Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Securities Class Action

Securities fraud litigation history and active cases

In Litigation

0

Settlement

1

Closed

0

Total Settlement

$6.53M

Stronghold Digital Mining, Inc. (SDIG) Class Action Lawsuit (April 2022)

Settlement

1:22cv3088 • April 14, 2022

Class Period Start

October 20, 2021

Class Period End

March 30, 2022

PSLRA Deadline

June 13, 2022

Case Allegations

10b5 + Sec11

10b-5 Statutes of Repose

Oct 20, 2024

Sec11 Statutes of Repose

Oct 20, 2024

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

April 4, 2025

Settlement Fund

$6,534,300

Settlement Status

Final Approval

Settlement Class

All persons or entities that purchased or otherwise acquired Stronghold Digital Mining, Inc. (“Stronghold” or the “Company”) Class A common stock on or before December 20, 2021, pursuant and/or traceable to the Offering Documents issued in connection with the initial public offering in October 2021 (“IPO”) and were damaged thereby, you may be entitled to a payment from a class action settlement.

Claim Administrator

Strategic Claims Services
600 North Jackson Street – Suite 205 Media, PA 19063
+1 866-274-4004
[email protected]

Hearing Date

April 11, 2025

Opt-out Deadline

March 21, 2025

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Apr 14, 2025

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Mar 7, 2025

Motion for Final Approval of Settlement

The parties have asked the court to grant final approval of the proposed settlement. The judge will consider whether the settlement should be approved after reviewing the settlement terms and any objections. If approved, eligible investors who submit valid claims may receive a payment after the claims review and distribution process is completed.

Dec 16, 2024

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Dec 16, 2024

Notice of Pendency

Dec 16, 2024

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

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